Trending: Amazon to Lay Off More Than 18,000
January 05 2023 - 12:50PM
Dow Jones News
12:20 p.m. ET -- Amazon.com Inc. is one of the most talked about
companies in the U.S. across all news items in the last 12 hours,
according to Factiva data. Layoffs at the Seattle-based giant will
now total more than 18,000 employees, mostly concentrated in retail
and recruiting operations. "Amazon has weathered uncertain and
difficult economies in the past, and we will continue to do so,"
CEO Andy Jassy said. The company will alert affected employees
later this month. Amazon's layoffs represent the highest number of
people let go by a tech firm in the past few months, according to
tallies released on Layoffs.fyi, a website that tracks media
reports and company releases. Dow Jones & Co. owns Factiva.
(jennifer.tershak@wsj.com)
(END) Dow Jones Newswires
January 05, 2023 12:35 ET (17:35 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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